Given the specs of the Cybertruck it does seem like Telsa is actually increasing their lead.Even bulls don't realize the permanent advantages Tesla has.
Yes, competitors will be able to produce models approaching the performance of Tesla's offerings. That's inevitable in the Information Age. What they won't in any way be able to do is produce them at scale. The dreadful irony they're going to have to realize is that pushing TSLA to get leaner has forced Tesla as a manufacturer to approach absolute efficiency. Very very few legacy carmakers can achieve anything close to moderate efficiency.
GM announcing a partnership with LG is a good step, but they have dealerships, unions, legacy costs.....way too many headwinds to competitiveness on quality and price. Physically impossible for them to compete. Perhaps a small handful will successfully transition. I actually see the "5 year head start" we keep citing is more like 6 or 7 now, and the real competition will come from startups that don't yet exist.